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$600M bitcoin-backed loans to fund Long Ridge

Company: Marathon Digital

Subject kind
financing
Statement date
2026-10-19
Promised amount
600000000.0 USD
Current status
stated

The claim, verbatim

The company took on $600.0 million of new bitcoin-backed loans to help fund Long Ridge.

Source (primary)

MARA Holdings (MARA) Mined More Bitcoin, but Revenue Fell 27% - Yahoo Finance (-, news_article)
View cached copy (2026-10-20)Live source ↗Archive.org ↗

Quote: “The company took on $600.0 million of new bitcoin-backed loans to help fund Long Ridge”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms MARA Holdings (MARA) Mined More Bitcoin, but Revenue Fell 27% - Yahoo Finance

Quote: “The company took on $600.0 million of new bitcoin-backed loans to help fund Long Ridge”

View cached copy (2026-10-20)Live source ↗Archive.org ↗